In an announcement to U.S. Uber drivers on Tuesday, the ride-hailing service said it will roll out a tipping function for its app in all U.S. cities by the end of July. The tipping option is already online in Seattle, Minneapolis and Houston, Uber said.
In addition to tipping, Uber announced a number of other changes for U.S. drivers, including shortening the period of time during which passengers can cancel rides without paying a cancellation fee, and paying per-minute wait fees to drivers who wait for a passenger for more than two minutes.
Uber CEO and co-founder Travis Kalanick resigned Tuesday under pressure from investors.
Uber’s board confirmed the move early Wednesday, saying in a statement that Kalanick is taking time to heal from the death of his mother in a boating accident “while giving the company room to fully embrace this new chapter in Uber’s history.” He will remain on the Uber Technologies Inc. board.
To help clients build a better understanding of their overall financial well-being, CIBC is working with leading fintech Borrowell and Equifax Canada to provide Canadians unlimited free access to their educational credit score through CIBC mobile banking, anywhere, anytime.
Each year, Recode’s founders, Walt Mossberg and Kara Swisher, host the most prestigious event in tech and media — Code Conference. The invitation-only Code Conference was created to bring together a global community of the biggest names in the business, executive leaders and startups with bright futures for networking and in-depth conversations about the current and future impact of digital technology.
According to The Street, on the first day of this year’s Recode Code Conference, former Microsoft CEO Steve Ballmer was quoted as saying at the event Twitter is “an amazing asset… we’ll see which way it goes… still have a lot of money on the opportunity.”
Today, Google confirmed that Android Pay, enabling contactless mobile payments with Android-based devices, is now live in Canada. It provides millions of Mastercard cardholders with yet another innovative, fast and secure way to pay, wherever Mastercard contactless payments are accepted. Starting today Android Pay is available to Canadians with Mastercard cards issued by Alberta Treasury Bank Financial (ATB), BMO Financial Group (BMO), Canadian Imperial Bank of Commerce (CIBC), Canadian Tire Financial Services (CTFS), President’s Choice Financial (PCF), and National Bank.
Interac Association/Acxsys Corporation (“Interac“) announced today the launch of Interac Debit on Android Pay. As part of Google’s rolling deployment, consumers with debit cards issued by BMO Financial Group*, CIBC*, Desjardins* and Scotiabank* will be able to pay using Android Pay starting on Monday, June 5, 2017. Interac Debit on Android Pay allows consumers to use their eligible Android device to make fast, secure and convenient mobile contactless transactions at hundreds of thousands of merchant locations across Canada where Interac Flash® contactless payments are already accepted.
Tesla will begin delivering its first solar roof tiles this summer at a price point that could expand the U.S. solar market. Bloomberg’s Tom Randall explains how the tiles work, how they’re priced and why Elon Musk sees them as part of a solar-powered trifecta.
Continue reading Tesla’s Solar Roof Is Cheaper Than Expected
BMO Financial Group and the DMZ at Ryerson University announced today that they would be extending their partnership with the launch of the “DMZ-BMO Fintech Accelerator” program, benefitting Canada’s top financial technology startups.